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          1. Inland Water Freight Transportation Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 5/27/2020
            SIC Codes: 4449
            NAICS Codes: 483211
            Chapters Include:
            Industry Overview Trends & Challenges Industry Forecast
            Quarterly Industry Update Call Prep Questions Website & Media Links
            Business Challenges Financial Information Glossary & Acronyms
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            Excerpt from Inland Water Freight Transportation Industry Profile

            Companies in this industry provide inland water transportation of cargo on US lakes, rivers, or intracoastal waterways. Major companies include independents, such as American Commercial Barge Line, Ingram Barge, and Kirby Inland Marine, and captive subsidiaries of companies that transport commodities, such as American River Transportation (owned by Archer Daniels Midland).

            The US inland water freight transportation industry includes about 350 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $7 billion.

            The industry does not include companies that provide transportation of cargo on the Great Lakes System; those operations are covered in the Coastal and Great Lakes Freight Transportation profile.

            COMPETITIVE LANDSCAPE

            Demand is driven primarily by the level of agricultural exports, petroleum refining, coal usage, and chemical shipments. Large companies have advantages in handling a broad range of cargo types, along with economies of scale in purchasing and marketing. Small companies compete by specializing in particular cargo types or services, subcontracting to larger companies, and offering responsive customer service. The US industry is highly concentrated: the largest 50 companies generate about 95% of industry revenue.

            Inland barge companies compete with other methods for transporting bulk materials and liquids, including trucks, railroads, and pipelines.

            PRODUCTS, OPERATIONS & TECHNOLOGY

            Major services are freight transportation (80% of industry revenue) and towing and tugboat services (20%). Freight transportation services consist of dry cargo (such as grain, coal, steel, fertilizers, and aggregates) and liquid cargo (refined ...

             
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